The firm employs a global macro and an emerging markets strategy as a hedging technique while making its investments. Diamondback Capital Management was founded in 2005 and is based in Stamford, Connecticut.[1]

It was reported on November 30 that Diamondback Capital was served a federal grand jury subpoena about an investigation the FBI is leading into one of their employees. They are complying fully and have put the portfolio manager on leave. [3]